MARATHON PETROLEUM CORP (MPC) Stock Technical Analysis
NYSE:MPC - New York Stock Exchange, Inc. - US56585A1025 - Common Stock - Currency: USD
Taking everything into account, MPC scores 4 out of 10 in our technical rating. In the past year, MPC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
73% of all other stocks performed better in the past year than MPC.
MPC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MPC has a been trading in the 143.11 - 160.45 range, which is quite wide. It is currently trading near the high of this range.
MPC has an average volume of 2987870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MPC is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 211 stocks in the same industry.
Although the technical rating is only medium, MPC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 153.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
130.32
181.47
4 important support areas can be observed.
- A support zone ranging from 150.64 to 153.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 147.14 to 147.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @136.18 from a trend line in the weekly time frame.
- A support zone ranging from 131.64 to 133.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 154.62 to 159.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @179.67 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.56
Mansfield-1.56
10 Day High160.45
10 Day Low146.88
20 Day High160.45
20 Day Low143.11
52 Week High221.11
52 Week Low130.54
Performance
1 Week-0.23%
2 Weeks1.19%
1 Month-0.37%
3 Month-2.99%
6 Month-12.3%
12 Month-9.32%
2 Year24.39%
3 Year97.43%
5 Year224.21%
10 Year192.84%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)51.97
LBB147.35
UBB161.14
153.74
-4.53 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.86%
1 Week-0.23%
2 Weeks1.19%
1 Month-0.37%
3 Month-2.99%
6 Month-12.3%
12 Month-9.32%
2 Year24.39%
3 Year97.43%
5 Year224.21%
10 Year192.84%
15 YearN/A
Volatility
ATR(14)5.66
ATR(20)%3.46%
ATR Inc-23.75%
Range Today4.89
ADR(20)5.22
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.56
Mansfield-1.56
10 Day High160.45
10 Day Low146.88
20 Day High160.45
20 Day Low143.11
52 Week High221.11
52 Week Low130.54
CS1 End153.06
CR1 Start154.62
Volume & EV
DER(3)-3.88%
DER(5)-4.8%
Volume2.00M
Volume Incr-14.34%
Vol(5)2.46M
Vol(50)2.99M